2010-07-00-Presidents Report

Mi-Sol Park Comunidad de Propietarios

C:/ Villa Madrid, Torrevieja, 03814, Alicante

966.444.490

Presidents Report

July 2010

At the A.G.M of 2009, it was agreed by a majority vote to end the split community by recognizing receipts that could be ratified against Accounts.

This has been an arduous process based on the understanding that if receipts could not be verified, the amounts remain outstanding. The consequence of the exercise has resulted in a united community paying monies into one bank account.

There have been highs and lows during this first year of my three year presidency; the highs are the fact that Mi-Sol now has a stable bank balance coupled with an additional account held in reserve for emergencies and we are free of debt. The lows are the cancellation fees we have had to pay for those court cases previously submitted.

We have a legal, reliable gardener and have built up a comprehensive gardening tool collection, a major improvement to the hairless broom and a broken rake.

We have endeavored to undertake maintenance on the park within our financial budget calling on the services of external contractors when necessary.

It has been a major disappointment with respect to the Pool Contractor absconding and breaching the contract but we have overcome that in as much that the pool is functional for the season thanks to Jeff Brown who with Derek Olive carried out the required repairs voluntarily. It has also been a disappointment that due to a lack of understanding, the tenant in the bar felt that the delay in opening the pool was a direct assault on him. It clearly states in his temporary contract that he has no rights over the pool or terrace area although he has the right to remove those from the terrace who choose to cause disruption. The delay was due to circumstances beyond the control of the Committee. The result of that particular weekend resulted in the resignation of a very good committee member, Jeff Brown. Another committee member, Kate Ellerton felt she could no longer continue. The issue of the pool and any future repairs will be on the agenda for the coming A.G.M 2010.

We have worked extremely hard to update and streamline the office management in order to maintain continuity and have introduced a more comprehensive blog in both English and Spanish. We intend to make owners accounts accessible on-line.

We have secured the services of an Auditor who has inspected, stamped and approved the accounts for 2009 offering recommendations to ensure efficiency and cost savings.

I am confident that we will continue putting Mi-Sol's best interests first and express my sincere thanks to all the committee members who have each had an important input to the managing of Mi-Sol affairs.

Maureen Taunton President